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Thursday, June 27, 2024 Delta Air Lines has reported its financial results for the June quarter of 2024 showcasing a strong performance across several key metrics. The airline achieved a total operating revenue of $15.58 billion, a 13% increase from the same quarter last year.

This growth was driven by higher passenger volumes and increased demand for premium services. Key Financial Highlights Operating Income: Delta reported an operating income of $2.49 billion, up 64% from the previous year, reflecting improved operational efficiency and cost management.



Net Income: The net income for the quarter was $1.83 billion, significantly higher than the $735 million reported in the same period last year. Earnings Per Share (EPS): Diluted earnings per share were $2.

84, nearly double the $1.15 reported in the June quarter of 2023. Operating Margin: The operating margin improved to 16.

0%, up from 11.0% in the previous year, indicating better profitability. Operational Achievements Fleet Expansion: Delta took delivery of 18 new aircraft this year, including models such as the A321neo, A220-300, and A330-900, enhancing its fleet capabilities and operational efficiency.

Customer Loyalty: The airline welcomed over 3 million new SkyMiles members this quarter, setting a new record. Additionally, Delta continued to roll out fast, free Wi-Fi across its fleet, with full availability expected by the end of 2024. Environmental Initiatives: Delta accelerated its commitment to sustainable aviation .

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